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Annual Report 2009 - Atmosfair

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CDM verification and monitoring<br />

High hurdle CDM...<br />

atmosfair is the only carbon offsetter that registers all<br />

projects world-wide with the UN clean development<br />

mechanism (CDM) as well as with the Gold Standard.<br />

We do so because no other certification offers the<br />

same transparency, accountability, and participation<br />

during the validation and certification processes.<br />

- Transparency: All CDM project planning documents,<br />

from technical specifications to approval by the project<br />

country government are—independently of atmosfair—made<br />

available to the public on UN websites<br />

by the verifiers and by UN committees. For each project,<br />

these include hundreds of pages in which all delicate<br />

questions about the project must be answered,<br />

for example the question of so-called additionality (see<br />

page X).<br />

- Accountability: CDM Project verifiers must be accredited<br />

and reviewed by the UN, they are also liable for<br />

every ton of CO 2<br />

they verify. More than once verifiers<br />

have had to pay for estimating savings too high, leading<br />

to very stringent evaluations.<br />

Typical progression of a CDM Gold Standard project<br />

Interactions between atmosfair, its partners and public agencies, pre-established time frames<br />

1<br />

2<br />

3<br />

4<br />

5<br />

6<br />

7<br />

8<br />

Evaluation of the project idea<br />

Project agreement between atmosfair and project partner<br />

Collection of baseline data, first stakeholder consultation, creation<br />

of Project Design Document (PDD)<br />

Approval of the project by host country<br />

(time required varies according to country)<br />

Validation of the PDD by auditors, public comment period,<br />

second stakeholder round<br />

Start of construction with atmosfair funds<br />

Incorporation of comments from the public and the auditors<br />

into the PDD<br />

Creation of the validation report<br />

- Participation: During the CDM validation process, first<br />

the local population and subsequently any individual<br />

or organization in the world may raise objections (similar<br />

to official planning approval procedures in Germany).<br />

Verifiers must deal with these objections in their<br />

reports.<br />

... sometimes too high<br />

But the CDM also has disadvantages. There are long<br />

waiting periods for CO 2<br />

certification and the procedure<br />

is overcomplicated for very small projects. On the<br />

opposite page two projects are presented for which<br />

atmosfair does not count the carbon reduction because<br />

the CO 2<br />

savings achieved are too small to merit<br />

the expense of CDM verification. In one case, atmosfair<br />

got lost in Chinese red tape; otherwise, atmosfair<br />

would have to resubmit many documents and reformulate<br />

them with the project managers, because location<br />

and technical details have changed.<br />

Nevertheless, atmosfair currently sees no alternative<br />

to the CDM and will continue to engage in helping<br />

to improve the CDM while also discussing alternative<br />

designs.<br />

9<br />

10<br />

11<br />

12<br />

…<br />

…<br />

24<br />

…<br />

Months<br />

required<br />

following<br />

launch decision<br />

Submission of the registration application to the UN<br />

Review of the registration application,<br />

registration of the project (UN)<br />

Submission of the registration application to the Gold Standard<br />

Foundation<br />

Review of the registration application,<br />

registration of the project (Gold Standard)<br />

Starting point for counting emissions reductions, monitoring<br />

of emissions reductions<br />

Verification of the reduced emissions, creation of the verification<br />

report, application for issuance of the UN-certified CO 2<br />

reduction<br />

Review of the verification reports (UN/Gold Standard), issuance<br />

of the UN-certified CO 2<br />

reduction<br />

Transfer of the UN-certified CO 2<br />

reduction to atmosfair account at<br />

DEHST (Deutsche Emissionshandelstelle), retirement<br />

Planning Phase<br />

Approval Phase<br />

Operational Phase<br />

Handled by atmosfair/project operator<br />

Handled by auditor<br />

Periods established by UN and Gold Standard (GS)<br />

Projects<br />

15

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